AUDUSD Weekly Forex Forecast Archives - Advanced Forex Strategies

AUDUSD Weekly Forex Forecast

AUDUSD Weekly Forex Forecast - 16th to 20th Jan 2017

AUDUSD Weekly Forex Forecast – 16th to 20th Jan 2017

The AUDUSD rally was more due to the dollar weakness than strength in the Australian Dollar. Last week inability to produce a close above the 0.7500 big psychological number is indicating that sooner rather than later we can expect a retracement. To the downside, we can expect AUDUSD to findRead More

AUDUSD Weekly Forex Forecast - 9th to 13th Jan 2017

AUDUSD Weekly Forex Forecast – 9th to 13th Jan 2017

The AUDUSD technical pattern remains stuck in a wider consolidation area but last week rally still looks corrective in nature and we can expect the AUDUSD to try to fill in the last week range. We can’t rule out the possibility of a false breakout above last week high 0.7356Read More

AUDUSD Weekly Forex Forecast - 2nd to 6th Jan 2017

AUDUSD Weekly Forex Forecast – 2nd to 6th Jan 2017

The double bottom pattern established near the 0.7160 support level is indicative of a pause in the AUDUSD bearish trend. Also the stochastic indicator is showing a build up in bullish momentum which can sent AUDUSD to retest 0.7270, while a break and a close above this level will exposeRead More

AUDUSD Weekly Forex Forecast - 26th to 30th Dec 2016

AUDUSD Weekly Forex Forecast – 26th to 30th Dec 2016

The AUDUSD sell off has gone too fast in a very short period of time but, it was all due to the broad based dollar strength rather than the Aussie weakness. The 0.7144 swing low level and May’s low remains the next big hurdle for the AUDUSD and more likelyRead More

AUDUSD Weekly Forex Forecast - 5th to 9th Dec 2016

AUDUSD Weekly Forex Forecast – 19th to 23rd Dec 2016

The AUDUSD continued to follow its bearish path as last we managed to make a conclusive new low below 0.7310. Going forward we should expect a bounce but we should expect any rally to be limited. From a technical perspective we have the first major level of resistance at 0.7385Read More

AUDUSD Weekly Forex Forecast - 5th to 9th Dec 2016

AUDUSD Weekly Forex Forecast – 12th to 16th Dec 2016

The AUDUSD remains in a bearish structure as long as we’re trading below the 0.7500 key psychological number and resistance level. The current price range zone keeps AUDUSD inside a well-defined boundary and only a break below 0.7310 will see price accelerating to the downside. We also have an intermediateRead More

AUDUSD Weekly Forex Forecast - 5th to 9th Dec 2016

AUDUSD Weekly Forex Forecast – 5th to 9th Dec 2016

The AUDUSD is in the process of developing a much deeper correction. Even though for the time being we’re still trading below the 0.7500 big psychological number. Early in the week, we can expect a retest of 0.7410 or even 0.7385 before to see AUDUSD challenging again 0.7500. A breakRead More

AUDUSD Weekly Forex Forecast - 28th Nov to 2nd Dec 2016

AUDUSD Weekly Forex Forecast – 28th Nov to 2nd Dec 2016

Previous AUDUSD Weekly Forex Forecast The AUDUSD is correcting the sell-off started from the 0.7778 and can even retest the 0.7500 big psychological number before the bearish trend to resume. However, a break and a close above 0.7500 can be a big warning for the bears and then we shouldRead More

AUDUSD Weekly Forex Forecast - 21st to 25th Nov 2016

AUDUSD Weekly Forex Forecast – 21st to 25th Nov 2016

Previous AUDUSD Weekly Forex Forecast The AUDUSD has been making an important advance to the downside and has reinforced that we’re at least into a major correction or possibly we’re seeing a resurrection of the bearish trend started from 2013. On the technical side, the first major support level onlyRead More

AUDUSD Weekly Forex Forecast - 14th to 18th Nov 2016

AUDUSD Weekly Forex Forecast – 14th to 18th Nov 2016

  Previous AUDUSD Weekly Forex Forecast The AUDUSD technical pattern is in the process of developing a major swing high after the strong rejection from above the 0.7770 resistance level. We also broke below the up-trendline that connects the lows from the beginning of the year, which suggest that theRead More